Thursday, June 17, 2010

Updates. Updates and more Updates

After a bit of a layoff, i have been trying to work out how to make it easier for people to reade the trading day details and also to put some more comentary and suggestion posts.

I have still done some day trading, not a lot over the past month and a bit since the last post.

So I am currently going to change the look at the site.
I am looking at using google docs to record the day trading details. This will make it easier for those who want to track what i do, to make sure i am accurate, a quick way to check. Those that may just want the running total, this will be posted after each trading day.

And will try be doing a couple of post a week about some unique gold making strats which may not be active on other servers.

Tuesday, April 27, 2010

Trading Day 23

Day 23
Bought
20 X Light Leather - 93s 60c
20 X Light Leather - 93s 60c
20 X Light Leather - 93s 60c
4 X Light Leather - 18s 72c
20 X Light Leather - 93s 60c
20 X Light Leather - 93s 60c
5 X Light Leather - 23s 40c
20 x Linen Cloth - 9s 20c
7 x netherweave Cloth - 97s 20c
20 x Linen Cloth - 3s 90c
1 x Silver Bar - 4g 77s 79c
1 x Silver Bar - 4g 77s 79c
1 x Silver Bar - 4g 77s 79c
1 x Silver Bar - 4g 77s 79c
1 x Silver Bar - 4g
1 x Silver Bar - 4g
1 x Silver Bar - 4g
1 x Silver Bar - 4g
2 x Silver Bar - 4g 44s
3 x Tin Ore - 1s 72c
20 x Linen Cloth 3s 90c

Total Expenditure - 45g 81s 20c

Sold
1 x Heavy Crockolisk Stew - 3g 81s 50c
10 x Truesilver Bar - 66g 87s 50c
10 x Truesilver Bar - 66g 87s 50c
2 x Infinite Dust - 3g 80s
1 x Heavy Crockolisk Stew - 3g 81s 50c
1 x Felsteel Bar - 7g 64s 50c
1 x Felsteel Bar - 7g 64s 50c
1 x Felsteel Bar - 7g 64s 50c
1 x Felsteel Bar - 7g 64s 50c
20 x Medium Leather - 8g 58s
1 x Heavy Crockolisk Stew - 3g 81s 50c
1 x Dragonbreath Chili - 4g 80s 22c
1 x Heavy Crockolisk Stew - 3g 81s 50c 1967722
20 x Runcloth - 2g 14s
20 x Runcloth - 2g 14s
20 x Runcloth - 2g 14s
20 x Runcloth - 2g 14s
20 x Runcloth - 2g 14s
1 x Moss Agate - 5g 71s 20c
20 Light leather - 2g 85s 90c
20 Light leather - 2g 85s 90c

Total Income - 218g 90s 52c

Current $$ on hand - 632g 60s 51c

Tuesday, April 20, 2010

Trading Day 22

Bought
8 x Copper Ore - 1g 45s 0c
20 x Runecloth - 1g
1 x felsteel bar - 29s
1 x felsteel bar - 29s
1 x felsteel bar - 29s
20 x Runecloth - 1g
20 x Runecloth - 1g
20 x Runecloth - 1g
20 x Runecloth - 1g
1 x felsteel bar - 30s
1 x Moss Agate - 7s
20 x Runecloth - 1g
20 x Runecloth - 1g
2 x Crystalized Earth - 21s 75c
20 x meduim Leather - 15s
1 x Light Leather - 2c
20 x Sliver Bar - 99g 99s 99c
20 x Truesilver Bar - 90g

Total Expenditure - 200g 38s 74c

Sold
1 x Heavy Crockolisk Stew - 3g 81s 50c
1 x Heavy Crockolisk Stew - 3g 81s 50c
16 x Copper Ore - 5g 70s 24c
20 x Runecloth - 2g 14s
20 x Runecloth - 2g 14s
1 x Shadowgem - 3g 56s 97c
1 x Shadowgem - 3g 56s 97c

Total Income - 20g 51s 46c

Current $$ on hand - 414g 55s 14c

Trading Day 21

Bought
2 x Lesser Mystic Essence - 10s
7 x Netherweave Cloth - 92s 60c

Total Expenditure - 1g 2s 60c

Sold
1 x Shadowgem - 2g 85s 72c
1 x Black Diamond - 1g 90s 0c
1 x Black Diamond - 1g 90s 0c
1 x Black Diamond - 1g 90s 0c
1 x Black Diamond - 1g 90s 0c
1 x Dragonbreath Chili - 4g 80s 22c
1 x Guardian Blade (Sword) - 33 38 50
1 x Heavy Crockolisk Stew - 3g 81s 50c

Total Income - 48g 95s 94c


Current $$ on hand - 665g 1s 37c

Trading Day 20

Bought
1 x Guardian Blade (Sword) - 15g
1 x Killmain (Axe)- 15g
10 x Heavy Crockolisk Stew - 1g 90s
4 x Carrion Supprise - 2g 37s 50c
4 x Black Diamond - 1s
2 x Mageweave Cloth - 7s 32c
1 x Dark Jade 95s
10 x lesser mystic Essence - 49s 80c

Total Expenditure - 35g 80s 62c

Sold
1 x Killmain (Axe)- 33g 39s 28c
1 x Wintersbite (Axe) - 33g 99s 22c
1 x Heavy Crockolisk Stew - 3g 81s 50c

Total Income - 71g 20s 00c


Current $$ on hand - 610g 95s 68c

Trading Day 19

Bought

Total Expenditure - 0g 0s 0c

Sold
1 x Silver Bar - 3g 80s 30c
1 x Silver Bar - 3g 80s 30c
1 x Silver Bar - 3g 80s 30c
5 x Silver Bar - 19g 1 s 50c
1 x Heavy Crockolisk Stew - 2g 86s 50c

Total Income - 33g 28s 90c


Current $$ on hand - 610g 84s 8c

Trading Day 18

Big trading day, hit over 500g in hand!!

Bought
12 x Silver bar - 27s 45c
1 x Gold bar - 28s 30c
12 x Tin ore - 9s 25c
17 x Light Leather - 4s 52c
20 x Runecloth - 1g 32s 30c
8 x Copper ore - 11s 65c
12 x Light Leater - 13s 85c
19 x Wool Cloth - 1g 15s 80c
1 x Shadowgem - 3s 75c
2 x Copper Bar - 24s 20c
12 x Thick leather - 22c
16 x Wool Cloth - 6s 39c
12 x Silk Cloth - 35s 35c
20 x Wool Cloth - 1g 5s 10c
5 x Silver Bar - 10g
10 Silver Bar - 35g
1 x Shadowgem - 2s 93c

Total Expenditure - 50g 21s 06c

Sold
2 x Rugged Leather - 2g 88s
1 x Heavy Crockolisk Stew - 2g 86s 50c
1 x Dragonbreath Chili - 4g 80s 22c
12 x Tin ore - 9g 50s 90c
20 x Light leather - 2g 38s 40c
1 x Gold Bar - 1g 95s 40c
1 x Shadowgem - 3g 80s 72c
2 x Copper Bar - 1g 52s 6c
1 x Greater Mystic Essence - 90s 25c
1 x Greater Mystic Essence - 90s 25c
20 x Linen Cloth - 1g 43s 28c
20 x Wool Cloth - 11g 89s 48c
1 x Silver Bar - 3g 80s 30c
1 x Silver Bar - 3g 80s 30c
10 x Copper Ore - 5g 70s 12c
1 x Heavy Crockolisk Stew - 2g 86s 50c
1 x Dragonbreath Chili - 4g 80s 22c
5 x Silver Bar - 19g 1s 50c
5 x Silver Bar - 19g 1s 50c
1 x Silver Bar - 3g 80s 30c
1 x Silver Bar - 3g 80s 30c
20 x Wool Cloth - 13g 31s 98c
20 x Wool Cloth - 11g 89s 48c
12 x Thick Leather - 10g 55s 80c
5 x Silver Bar - 19g 1s 50c
10 x Silver Bar - 36g 13s
1 x Heavy Crockolisk Stew - 2g 86s 50c
20 x Runecloth - 4g 99s
20 x Light Leather - 2g 38s 40c


Total Income - 207g 81s 94c


Current $$ on hand - 546g 46s 64c

Wednesday, April 7, 2010

Trading Day 17

I have started to look at Rare weapons and armor for levels 15-62 and when the price is 25g and lower. But you have to be careful here, Look closely at the item and who it would benefit. I try to avoid most weapons with Spirit atm, as I don't think there is a huge market for it. Also I am avoiding most maces due to that same reasoning.

Although I do use addons like auctioneer, i mainly use my own reasoning in these areas. I am not looking for a huge price increase for these items. I am looking as buying for 15-20g and relisting at 35g. This price is reasonable, and hopefully should guarantee a quick turnover.

Also I have noticed that Silver bar has started to become a big gold earner for me, and i am now working on a possible market domination of this to maximize returns in the near future

Also I have taken off auctioning over the Easter long weekend break. Hence the break in putting up trading posts.

Now onto day 17 trades
Bought
3 x Netherweave Cloth - 37s 80c
10 x Copper Ore 10s 15c
1 x Winters Bite (axe) - 20g 42s 44c
6 x Mageroyal - 6s 30c
20 x Netherweave Cloth - 2g 40s
11 x Light Leather - 11s 55c
20 x Linen Cloth - 21s
20 x Linen Cloth - 23s 10c
9 x Wool Cloth - 4s 15c


Total Expenditure - 23g 75s 70c

Sold
1 x large Radiant Shard - 3g 80s
1 x Felsteel Bar - 8g 12s
1 x Felsteel Bar - 8g 12s
1 x Felsteel Bar - 8g 12s
1 x Silver Bar - 3g 80s 30c
1 x Silver Bar - 3g 80s 30c
1 x Silver Bar - 3g 80s 30c
1 x Silver Bar - 3g 80s 30c
20 x Netherweave Cloth - 6g 18s
20 x Linen Cloth - 1g 43s 28c


Total Income - 50g 98s 48c


Current $$ on hand - 376g 65s 65c

Trading Day 16

Bought
1 x large Radiant Shard - 6c
2 x Runecloth - 13s 20c
2 x Light Leather - 2s 20c
2 x Rugged leather - 15s 75c
4 x Silver Bar - 9g 95s
5 x Heavy Crockolisk Stew - 95s
5 x Dragonbreath Chilli - 3g 32s 50c
5 x Roast Raptor - 2g 37s 50c

Total Expenditure - 16g 91s 21c

Sold
1 x Blackened Defias Belt - 14g 26s 62c
1 x Crystalpine Stinger (Xbow)- 33g 39s 16c
1 x Dragonbreath Chili - 4g 80s 22c
1 x Sun Crystal - 1g 12s
1 x Felsteel Bar - 8g 12s
1 x Small Egg 95s
1 x Felsteel Bar - 8g 12s


Total Income - 70g 77s 00c


Current $$ on hand - 352g 62s 46c

Trading Day 15

Bought
1 x Felsteel Bar - 7g
1 x Felsteel Bar - 7g
1 x Felsteel Bar - 7g
1 x Felsteel Bar - 7g
1 x Felsteel Bar - 7g
1 x Blackened Defias Belt - 50s

Total Expenditure - 35g 50s

Sold
20 x Copper Ore - 6g 65s 30c
20 x Linen Cloth - 1g 43s 28c

Total Income - 8g 8s 58c

Current $$ on hand - 301g 46s 95c

Tuesday, March 30, 2010

Trading Day 14

Bought
10 x Copper Ore - 1s 70c
13 x Linnen Cloth - 13s 85c
20 x Copper Ore - 3g 50s

Total Expenditure - 3g 65s 55c

Sold
1 x Razors Edge (Axe) - 87g 7s 74c
1 x Dream Shard - 4g 75s
20 x Copper Ore - 6g 65s 33c
20 x Linnen Cloth - 1g 43s 28c

Total Income - 99g 91s 35c


Current $$ on hand - 294g 68s 75c

Trading Day 13

Bought
1 x Moss Agate - 34s 80c
1 x Razors Edge (Axe) - 22g 22s 22c
1 x Sun Crystal - 41s 20c
9 x Linen Cloth - 11s 25c

Total Expenditure - 23g 09s 47c

Sold
1 x Star Ruby - 9g 65s
1 x Book of Survival - 11g 44s 20s
1 x Moss Agate - 9g 51s 20c

Total Income - 30g 60s 50c

Current $$ on hand - 243g 87s 75c

Saturday, March 27, 2010

Trading Day 12

Not much action today, mainly just looking to buy atm

Bought
1 x Mageweave Cloth - 10s 12c
1 x Star Ruby - 91s

Total Expenditure - 1g 1s 12c
Sold

None

Total Income - 0g 0s 0c


Current $$ on hand - 258g 6s 64c

Friday, March 26, 2010

Trading Day 11

2 interesting points for todays trading.
I found someone who was selling 4 x runecloth bags for 12g, and as I needed bags, I took them.
Also I started a small test a while ago. How long would it take me to sell the lowest vendor item - course thread, for a profit on the ah. Well it took 9 days, but it did sell. Thus if I has not got lucky on my first AH buys, this was a way to start getting that first crucial extra copper to start proper trading with.

Bought
4 x Runecloth Bags - 12g
3 x Small Dream Shard - 4g 35s
1 x Crystalspine Stinger ( Crossbow ) - 49s 78c
4 x Malachite - 1s 15c
2 x Infinite dust - 1g 14s 40c

Total Expenditure - 18g 00s 33c

Sold

1 x Silver Bar - 4g 75s 30c
1 x Silver Bar - 4g 75s 30c
10 x Silver Bar - 42g 78s
1 x Shadowgem - 1g 43s 22c
1 x Shadowgem - 1g 43s 22c
1 x Small Egg - 1g 90s
1 x Small Egg - 1g 90s
1 x Small Egg - 1g 90s
5 x Silver Bar - 19g 1s 50c
1 x Silver Bar - 4g 75s 30c
1 x Silver Bar - 4g 75s 30c
1 x Silver Bar - 4g 75s 30c
1 x Silver Bar - 4g 75s 30c
1 x Course Thread - 95c

Total Income - 103g 63s 99c

Current $$ on hand - 258g 34s 30c

New Rules?


In thinking about the rules to whichIi want to try my experiment, I have come upon a delema. I have stated that I will learn no trade skills. But here is the dilema. It is obvious that some crafted gear will produce a greater profit, ie netherweave cloth stack bought for say 6 gols, crafted into a bag (add 50s for the thread) will sell for 11+ gold, and sell fast as the insatiable need for these bags never ends. So how can I work around this problem.
So i am going to advertise in trade chat that i need someone to make x and what will they charge to do so. Now what I am looking to do is get up a regular clientelle of crafters that i can use, thus I cannot be a poor tipper or screw them over.
I do think this keeps with the ethos I stated at the start of the experiment. It also opens up more possible ways of maximising my investments.

Thursday, March 25, 2010

No Trades today

Day off trading today. I have been just relaxing a and not worrying about any trading.
Have got some ideas I will put down tomorrow.

Trading day 10

Bought
1 x Book of Survival - 5g 25s
1 x Moss Agate - 10s 92c
1 x Dream Shard - 2g 81s 24c
1 x Dream Shard - 2g 81s 24c
1 x Dream Shard - 2g 80s 85c
1 x Dream Shard - 2g 94s 74c
1 x Dream Shard - 2g 81s 24c
3 x Silver Bar - 3g 37s 10c

Total Expenditure - 22g 92s 33c

Sold
1 x Moss Agate - 3g 81s 20s
1 x Silver Bar - 4g 75s 30c
1 x Silver Bar - 4g 75s 30c
1 x Dream Shard - 3g 56s 24c
1 x Dream Shard - 3g 56s 24c
1 x Dream Shard - 3g 56s 24c
1 x Dream Shard - 3g 56s 24c
1 x Dream Shard - 3g 56s 24c
1 x Shadowgem - 1g 43s 22c

Total Income - 32g 56s 22c

Current $$ on hand - 179g 4s 57c

Tuesday, March 23, 2010

Trading Day 9

Day 9
Bought
1 x Living Essence - 9s
1 x Malchite - 6s 16c
4 x Small Egg -1s
1 x Tigerseye - 1s 65c
1 x Silver Bar - 4g
19 x Silver Bar - 50g

Total Expenditure - 54g 17s 81c

Sold
3 x Copper Bar - 95s 6c
20 x Tin Bar - 6g 67s 10c
20 x Tin Bar - 6g 67s 10c
20 x Tin Bar - 6g 67s 10c
1 x Star Ruby - 5g 85s
1 x Malachite - 71s 37c
1 x Living Essence - 3g 35s

Total Income - 30g 87s 73c

Current $$ on hand - 165g 48s 63c

Day 8

Trading Day 8

Bought
20 x Tin Bar - 15s 61c
20 x Tin Bar - 15s 61c
20 x Tin Bar - 14s 19c
2 x Essence of Undeath - 40s
1 x Tigerseye - 1s 65c
3 x Shadowgem - 18s 90c
1 x Star Ruby - 4c
3 x Copper Bar - 1s

Total Expenditure - 1g 7s



Sold
1 x Ice Cold Milk - 95s
1 x Ice Cold Milk - 95s
1 x Ice Cold Milk - 95s
1 x Ice Cold Milk - 95s
1 x Heavy Crocolisk Stew - 2g 68s 50c
1 x Essence of Undeath - 2g 40s 50c
1 x Dark Jade - 2g 40s 25c
1 x Dark Jade - 2g 40s 25c
1 x Dark Jade - 2g 40s 25c
1 x Dark Jade - 2g 40s 25c
1 x draginbreath Chilli - 4g 80s 22c
1 x Dark Jade - 2g 40s 25c
1 x Dark Jade - 2g 40s 25c
1 x Dark Jade - 2g 40s 25c
1 x Dark Jade - 2g 40s 25c
1 x Essence of Undeath - 2g 40s 50c

Total Income - 35g 3s 72c

Current $$ on hand - 188g 25s 31c

Sunday, March 21, 2010

Day 7

I am flying back home so no trades will be done on day 7

Trade Routes


Trade Routes such as Silk Road where a way for a merchant to expand not only his stock but also his customers and connections.Likewise today was a day of creating a new few trade routes. I set out for the Crossroads, and as I am only a lvl 1, encountered some resistance on the way, but was able to arrive there without to much hassle. After getting the FP I then gathered a few of the lower lvl recipes from the local vendor and then tracked my way Camp Taurajo, but not finding any recipes, i then made the daunting trek to to Brackenwall village. There I also purchased a few recipes. I will no see if this is a viable trade route and also later on expand to more.


Day 6
Bought
1 x Strider Stew - 4s 18c
1 x Crispy lizzard tail - 3 s 80c
2 x Dragonbeath Chilli - 1g 23s
1 x Roast Raptor - 47s 50c
1 x Carrion Surprise - 47s 50c
1 x Heavy Crocolisk Stew - 19s
2 x Dark Jade - 2g 77s 18c
1 x Dark Jade - 1 g 38s 60c
1 x Dark Jade - 1 g 38s 60c
1 x Dark Jade - 1 g 38s 60c
1 x Dark Jade - 1 g 38s 80c
2 x Mote of Fire - 12s 80c
11 x Runcloth - 1g 50s 40c
3 x Malchite - 1s

Total Expenditure - 12g 40s 76 c


Sold
1 x Gutbuster - 14g 88s
1 x Glyph of Taunt - 1 g 42s 80c
1 x Green Dye - 1g 42s 56c
1 x Roast Raptor - 2g 88s 72c

Total Income - 20g 62s 08c

Current $$ on hand - 157g 74s 3c

Day 5


Day 5 was a milestone trading day for 2 reasons. I had my biggest trade profit, and I broke through the 100g barrier 2 days earlier than my goal.
The Drums of forgotten kings I picked up for 91s I turned around for 52g 40s. Again showing good bargains are always to be had if you search hard enough. SOme will say i should have made the price higher, as they are going for around 75g a set of drums. True bit i was looking for a quick sale to build up my gold stock first. When i have more capital them i can not be too worried about making a quick sale

Well here are Todays trades
Bought
4 x Silver Bar - 10g
1 x Flame Spessarite - 37s 50c
1 x Gutbuster (gun) - 5g 55s 70c

Total Expenditure - 15g 94s 20c

Sold
1 x Shadowgem 3g 85s 72c
1 x Shadowgem 3g 85s 72c
1 x Drums of kings(50 Charges) - 52g 40s
1 x Flame Spessarite - 3g 87s 50c
1 x Silver Bar 3g 32s 80c
1 x Silver Bar 3g 32s 80c
1 x Silver Bar 3g 32s 80c
1 x Silver Bar 3g 32s 80c


Total Income 77g 4s 14c

Total $$ on hand - 151g 78s 83c

Thursday, March 18, 2010

DAY 4

Am going to try to catch up a bit over the next few days

Bought
1 x Lesser Planar essence - 1s 28c
20 x Netherweave cloth - 2g 45s
20 x Netherweave cloth - 2g 45s
20 x Netherweave cloth - 2g 45s
6 x Infinate Dust - 1s 5c
19 Silk cloth - 44s 85c
1 x Shadowgem - 4s 5c
2 x Shadowgem - 3g
2 x Runecloth - 13s 85c
1 x Drums of kings(50 Charges) - 91s

Total Expenditure - 12g 89s 8c


Sold
1 x Lesser Moonstone - 1g 6s 30c
1 x Lesser Planar Essence - 95s
1 x Greater Planar Essence - 10g 45s
20 x Netherweave cloth - 6g 18s
20 x Netherweave cloth - 6g 18s
20 x Neherweave cloth - 6g 18s
20 x Netherweave cloth - 6g 18s
20 x Netherweave cloth - 6g 18s
1 x Infinate dust - 95s
1 x Lesser Planar essence - 2 g 37s 50 c
1 x Infinate dust - 1 g 4s 50c
1 x Infinate dust - 1 g 4s 50c
1 x Infinate dust - 1 g 4s 50c
1 x Infinate dust - 1 g 4s 50c
1 x Infinate dust - 1 g 4s 50c
3 x Heavy leather - 1g 91s 32c
20 x Heavy leather - 13g 39s
20 x Heavy leather - 13g 39s
19 x sik cloth - 1g 51s 3c

Total Income 82g 11s 65c


Current $$ on hand - 69g 55s 19c

Tuesday, March 16, 2010

Late update

I am flying out today so the daily trades will be a little late

Monday, March 15, 2010

Day 3 trades

Today trades
Bought
20 light leather - 4s 50c
2 leather - 1 s
14 netherweave - 3g 11 s
3 x copper bar - 5g 25s
3 x heavy leather - 9s 34c
1 x lesser planar essence - 1s 22c
1 greater planar essence - 27c
1 x lesser moonstone - 10s 85c
8 x netherweave - 1g 16s 50c
20 x netherweave cloth - 3g 34s 20c
20 heavy leather - 78s 11c
20 heavy leather - 78s 11c

Total Expenditure 14g 66s 10c


Sold
Greater mystic essence - 1 g
8x copper ore - 2g 37s 62c
1 x silver bar - 3g 32s 80c
1 x silver bar - 3g 32s 80c
1 x silver bar - 3g 32s 80c


Total income 13g 36s 2c


Current gold on hand - 24g 20s 60c

Today was a day for building up some stock. Some like the silver bars, were flipped and sold straight away. Most of the other stock was put back up for auction straight away. I have sometimes been buying single items, ie lesser planar essence, so I can create a greater one when I get some more items, or like the light leather, which i will try to get another 18 or so to put up.

So some immediate goals : 100 gold withing 7 days - 1000 withing 3 weeks

Atm i am focusing on anything that i think to be a low price, but i have noticed that enchanting and jewel crafting mats seam to be the most common and can be flipped quickly. Although I have 1 glyph, I am going to keep away from this market.

I am putting all my trades into a spreadsheet with daily tabs. I am not keeping track of any Ah charges, as they don't really have much of a reference, i will be doing a weekly stock check as well.

Also i will put up screen shots when I think they are of interest or will teach a point

If you have any suggestions or idea please let me know

Saturday, March 13, 2010

Day Two

Breakdown of the day trades

Starting balance 1g16s

Items bought on AH
3 lesser mystic Essence bought for 1s converted into 1 mystic essence
Glyph of taunt - 1s 15c
20 thick leather 1g16s (1 Stack)
Jade - 19 silver 40 copper
2 Silver bar bought for 3s 15c
1 Stack of 5 milk - 1 silver 19 copper
1 netherweave - 10s
8 copper - 1 s 25 copper
5 wool - 5 silver

Total outlay 1g 58s

Auctions sold
Jade 5g 72s 10 c
5 wool 1g 90s 48c
1 stack thick leather 14g 43s
2 silver bars 5g 70s 60c

Total income 27g 76s 71c

Gold on hand - 20 85 10 - 6g 89s 61c in bids overnight


I will expand one some of my goals and Gold theory tomorrow

Friday, March 12, 2010

First Trades

Before i get to the first trade I will state that atm I am using the addons of Auctioneer and Marketwatcher.

It took 2 days to find my first trade on the ah. In fact I managed to do 2 trades on this day. To be honest I was lucky with the first one, it was a no buyout of 6 smoked redfin which i got for 1 copper. This sold to the vendor for 20 silver.

This was a pretty big first trade, i thought it would take a few trades to get to a few silver. The next one was quite unbelievable.


And I think this shows that people dont really understand the true value of items.
Some has listed a Perfect Bold Bloodstone on the AH for a 12 copper buyout. This sold to a vendor for 1 gold, so it was a no brainer.







Bought - sold - my balance for the day was 1 gold 15 silver and some copper.

Thursday, March 11, 2010


The act of exchanging money or services for goods has been going on since the very early recording of human history. It has brought about environmental and political change, both for good and bad. It opened up the world, as the need for spices drove companies to search for foreign lands. today it creates great wealth and can also take it away.
Inside the World of Warcraft it is a vital element of the game. But I think it has taken on a life of its own.The wow economy has developed to such a point that it is a game in itself.
So that is what this blog is about.
I have created a new toon , Horde side, sent him off to to the nearest city with a Auction house, in this case Orgrimmar. He then sold all the items he had on him which can to 14 copper
14 copper. That is all the starting funds he will start with. This toon will not quest, will not learn any trades. he will not accept any help ie quick gold from signimg a guild charter etc... He will try to get to the gold cap by only trading on the Auction House. Is this possible? I believe so, but the time taken to achieve this is the unknown factor, could be 1 year, 2 years......
This will be a open daily account of what is bought and sold on the AH, inventory listing, as well as any other expenses.
I an recording everything that happens, Every transaction that is completed will try to be screen shotted for record management.
This is the basic brief of what i am trying to accomplish. I don't know if it has been done before, and atm i can find no reference to it being done.

There are some other rules i am going to stick to that i will be explaining in the comming days.

Let see where this goes...